Coverart for item
The Resource Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States, Robert W. Fairlie and Alicia M. Robb

Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States, Robert W. Fairlie and Alicia M. Robb

Label
Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States
Title
Race and entrepreneurial success
Title remainder
Black-, Asian-, and white-owned businesses in the United States
Statement of responsibility
Robert W. Fairlie and Alicia M. Robb
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance--in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States--roughly one in ten workers--own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses
Member of
Cataloging source
N$T
http://library.link/vocab/creatorName
Fairlie, Robert W
Dewey number
338.6/420890973
Illustrations
illustrations
Index
index present
LC call number
HD2358.5.U6
LC item number
F35 2008eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
Robb, Alicia M.
http://library.link/vocab/subjectName
  • Minority business enterprises
  • African American business enterprises
  • Asian American business enterprises
  • Entrepreneurship
  • Small business
  • Success in business
  • BUSINESS & ECONOMICS
  • SOCIAL SCIENCE
  • African American business enterprises
  • Asian American business enterprises
  • Entrepreneurship
  • Minority business enterprises
  • Small business
  • Success in business
  • United States
  • Unternehmenserfolg
  • Unternehmer
  • Weiße
  • Schwarze
  • Asiaten
  • USA
Label
Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States, Robert W. Fairlie and Alicia M. Robb
Instantiates
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 215-230) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Contents -- Preface -- 1 Introduction -- 2 Racial Disparities in Business Ownership and Outcomes -- 3 The Determinants of Small Business Success -- 4 Why Are African American-Owned Businesses Less Successful? -- 5 Why Are Asian-Owned Businesses More Successful? -- 6 Conclusions and Implications -- Data Appendix -- Notes -- References -- Index
Control code
244796557
Dimensions
unknown
Extent
1 online resource (x, 240 pages)
File format
unknown
Form of item
online
Isbn
9780262062817
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/ctt59pxw0
  • 7961
  • 9780262272476
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)244796557
Label
Race and entrepreneurial success : Black-, Asian-, and white-owned businesses in the United States, Robert W. Fairlie and Alicia M. Robb
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 215-230) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Contents -- Preface -- 1 Introduction -- 2 Racial Disparities in Business Ownership and Outcomes -- 3 The Determinants of Small Business Success -- 4 Why Are African American-Owned Businesses Less Successful? -- 5 Why Are Asian-Owned Businesses More Successful? -- 6 Conclusions and Implications -- Data Appendix -- Notes -- References -- Index
Control code
244796557
Dimensions
unknown
Extent
1 online resource (x, 240 pages)
File format
unknown
Form of item
online
Isbn
9780262062817
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/ctt59pxw0
  • 7961
  • 9780262272476
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)244796557

Library Locations

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      38.710138 -90.311107
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